Staff Reporter

ACWA net profit rises 21% in H1

Its net profit stood at SAR542m during the period.

Japan close to hitting 2030 renewables target

The country set a 36-38% renewable energy target in 2030. 

ReNew Power, HSBC India provide solar power to 75 schools

The partnership also includes pioneering a climate education. 

ACEN aims to reach 20GW of renewables capacity by 2030

This is six times higher than the current 3.4GW renewables capacity.

GPSC profit down 70% YoY to $19.3m in Q2 2022

Quarter-on-quarter, the net profit rose 118%.

CLP Holdings records HK$4.9b loss in H1 2022

It saw a HK$3.9b loss in operating earnings.

AGL expands green hydrogen study in Hunter Energy hub

Fortescue Future Industries will provide green hydrogen for the project.

Philippines’ ACEN net income climbs 25% in Q2

Its net income stood at P1.8b during the quarter.

Philippines’ AboitizPower to explore 3,000MW offshore wind power

The country only has a capacity of 443MW onshore win, as of 2020.

Masdar, TANESCO ink deal for 2GW RE development

A joint venture company will be formed for the project development.

China, US to account for 75% of global energy storage demand

Wood Mackenzie projected the markets to have 422GWh and 600GWh by 2031. 

Towards a carbon-zero future: The role of natural gas in reducing CO2 emissions

Mitsubishi Power has advocated the use of natural gas in lowering carbon emissions whilst ensuring energy security and flexibility.